There are cruise ships and there are cargo ships. Angus Whitley and Kyunghee Park wrote about the weird practice of the two overlapping:

• As the global economy slows freight prices have fallen.
• Cargo ships have taken to selling living space to paying passengers.
• Unlike in a proper cruise ship there are no fancy amenities, no internet, and no wait staff. Passengers are expected to keep their own rooms clean.
• Passengers do get to talk to the captain and crew whenever they can find them and can enjoy the solitude of the open seas.
• Trips can last as long as 110 nonstop days from Europe to Asia.
• Passengers pay about $115 a day for the room as well as meals with the crew.
• Plan to book in advance. Demand outstrips supply and there’s a several months long waiting list.

Read about the experience, the type of people who go for the deal, and other details here.

Source: Bloomberg

Via: Marginal Revolution